Brief: Livestock Improvement Corporation Implements Share Simplification Process
20/07/2018 07:50
July 20 (Reuters) - Livestock Improvement Corporation Ltd
LIC.NZ :
* IMPLEMENTED SHARE SIMPLIFICATION PROCESS
* CO'S SHAREHOLDERS ISSUED WITH 3 NIL-PAID CO-OPERATIVE
CONTROL
SHARES FOR EACH CO-OPERATIVE CONTROL SHARE HELD
* EACH INVESTMENT SHARE WAS SUBDIVIDED INTO 4 INVESTMENT
SHARES
* ALL FULLY PAID CO-OPERATIVE CONTROL SHARES AND INVESTMENT
SHARES
WERE RECLASSIFIED INTO ORDINARY SHARES ON A 1:1 BASIS
Source text for Eikon: urn:newsml:reuters.com:*:nNZS2yq8a
Further company coverage: LIC.NZ
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